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FOX Business
Jan 21, 2013 3:00pm EST
president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets are moving today. currency is a bit of great interest with regards to the european currencies and there's japan. big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular? >> they have been taking some pretty extraordinary measures over the past to months or so -- past two months or so. been very very aggressive in terms of easing the japanese yen. he believes that's going to be the major thing to turn
FOX Business
Jan 21, 2013 4:00pm EST
the cost of healthcare and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. david: so will america have to learn to live with the european-sized deficit? let's ask gerry seib, the "wall street journal" political editor. first of all, why are you here in new york when the inauguration is in d.c.? >> too much insanity down there. david: all right. he made a reference to the deficit but immediately followed that reference with a big but, he said we have to cut the deficit but we need to continue to spend more money for a bigger government? >> i think you have to think of this inaugural as having messages for both republican opposition and also his own base. i think the message to republicans was look, i have an agenda for a second term. it is going to include some things we didn't get around to like climate control in the first term because we were dealing with an economic crisis, and to his base he's saying look i'm not going to give in, i'm not
FOX Business
Jan 21, 2013 9:20am EST
avoid the new healthcare rules. in the three years since varney & company's been on the air, our next guest has brought us a wide range of medical topics but perhaps none more than on obama care. dr. marc siegel joins us now. doctor, you started with us three years ago, longer than that, actually, throughout those three years, you told us that obama care is a disaster. am i going too far? >> stuart, it all started on this program when someone said in my ear, one of your senior producers said, it isn't about care. it's not about extending care to more people. it's about extending insurance. and once i started thinking about it that way, i understood it because insurance right now is an overinflated product. when you talk about more and more preventive services, more and more bells and whistles, more and more things covered, less and less payment out of pocket, it is the whole problem with the entitlement society. people say i got the card. i'm going to go get taken care of, but we have a doctor shortage. we don't have the ability to see people like this. the thing wasn't conceived of i
FOX Business
Jan 25, 2013 11:00am EST
measures that were part of the affordable care act that are intended to help healthcare costs, medicare costs, by putting in changing incentives, to lower rates, a number of good ideas are in there. they are marginal things that would help. i think what is difficult for the republicans is to propose any kind of fundamental redesign to get away from the system, which, i think, generates overtreatment. that means we do not necessarily get the best treatment in the world, we just get a lot of treatment. connell: at some point it will become necessary, until that point, whatever that point is, we can speculate about when that time will be, until that point, you do not get a sense that there will be political action. >> i think it is probably the case that we will stumble along from minor crisis to minor crisis. we probably need a broader tax increase than we have. i do not think it is enough to just hit the rich. you have to tackle the fundamentals in the long run which is medicare. those are both very unpopular measures. i do not think it will happen until we force them to happen to the af
FOX Business
Jan 25, 2013 1:00pm EST
, manufacturing, healthcare, technology, on the move. it is up 18%. there is a look at honeywell right now. up fractionally right now. kimberly-clark, another name on the move after their quarterly reports. back to you. melissa: thank you so much. lori: eight straight days of gains. the last time that happened was back in november 2004. is the market due for a pullback or is there even more room to run? kevin, welcome back to the show. when they are talking about the stock market in my hair salon, it makes you think that this puppy has some room to run. what do you think? >> i think that is exactly right. i think we have improving fundamentals. at the same time, when you look at stocks, they are relatively cheap. you look at bond yields. they are very low. investors are looking at all this and putting it all together and moving into equities. particularly, since the risks about the fiscal cliff seem a little more remote, why not go into equities. especially when there is not a lot of compelling alternatives out there. lori: one argument would be that this is all the benefit created by the
FOX Business
Jan 21, 2013 11:00am EST
of healthcare and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [cheering and applause] >> for we remember the lessons of our past. when years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we left our lives, anyone of us, at any time, facing a job loss or a sudden illness or a home slipped away in a terrible storm, the commitments we make to each other through medicare, medicaid and social security, these things strengthen us. [cheering and applause] they do not make us a nation of takers, they free us to take the risks that make this country great. [cheering and applause] >> we, the people, still believe that our obligations as americans are not just to ourselves, but to all posterity. we will respond to the threat of climate change. knowing that the fa
FOX Business
Jan 23, 2013 11:00am EST
doctors and healthcare professionals. some 48,000 employees. 4.6 million patient visits. it is the envy worldwide of many hospitals and health care clinics. toby cosgrove runs the whole thing. i want to start here in davos with the question, whose model do you respect? >> there are a lot of places that do it really well. mayo clinic. we are very similar organizations. i am a shameless dealer of great ideas. liz: do you go in and watch they'll clinic surgeries? >> four years i went around the world to find new surgical tech takes. now i encourage all of my physicians to go someplace at least once a year to find new technologies. even if they are going and looking at an assembly line. do something to understand a new set of ideas to try to bring innovation to healthcare. liz: you just told me that last night, you had dinner with john chambers of cisco and a top executive from microsoft. >> we were talking about big data and how it is coming together and how we can use this to our advantage. if you take all of the data in the world, 95% of it has been created in the last two years. we have
FOX Business
Jan 26, 2013 6:00pm EST
. healthcare massive in this country as we know about healthcare costs. >> people upset about this kate upton ad. she is not using a bikini or using herself as a sponge. >> pretty girl tries to sell car. this happened through out. >> really? >> are you outraged? >> i am outraged about the money fraudulently going to prisoners. about the super bowl advertising. it is a carnival of distractions. >> the 124 million being blown on people who shouldn't get the money. the media out there says you know what you guys are ridiculous to make a stink about this. this adds up. what do you make of that? >> i will give you another number. 787 million which is the number that a recent inspector general report found went out in 2010 in graed lent fraudulent tax refunds to people in prison in this country. almost a billion dollars. three quarters of a billion dollars in fraudulent tax refunds. >> here we go. >> that should be an outrage. >> right. the president and the democrats time and again, lindsey before getting that money in they are saying we want to raise your taxes. they should be tighter
Search Results 0 to 7 of about 8